Shareholders

The shareholding structure of Reinsurance Ethiopia is also designed to ensure that the company has a strong financial base. Ethio Re’s shareholding structure is a concoction of partnerships between public and private investors (PPP).

Ethiopian Re’s shareholding structure is a concoction of partnerships drawn from public and private sectors. The Company has diverse shareholders, which currently comprise of seven Banks, seventeen insurance companies, eighty individual coming from different walks of life and one trade union. The subscribed share capital of the Company is Birr 2.5 billion (Equivalent to USD50 million). The Company’s Board comprises of nine members representing individual and institutional shareholders and who possess invaluable experience amassed through working in insurance, reinsurance and other financial institutions. The Board is responsible to manage the affairs of the Company by laying down strategic directions and implementation of same to the expectations of the shareholders and other stakeholders.

Shareholders

Keep your shareholding details up to date!

You may decide to issue shares (increase the total) or purchase shares (decrease the total) in Ethiopian Re. You must notify us in advance, following all applicable laws and directives of the nation within. All changes must be recorded on your company share register and in your next annual return.

Memorandum of Association

Revised Articles of Association

Shareholder’s register

Why register?

By entering their name in the register, shareholders can exercise additional rights and simplify the administration of the shares they hold. The advantages of registration include the following
• the shareholder receives legal participation rights at the AGM
• transfers of registered shares are recorded
• shareholder data is actively managed; and
• the invitation to the AGM is sent directly to the shareholder along with the agenda.

Partnerships and memberships

AIO

The African Insurance Organization (AIO) is a non-governmental organization recognized by many African governments with its main objectives being: Promotion of inter-African co-operation Development of a healthy insurance and reinsurance industry in Africa. Ethiopian Re is a member of AIO since 2016.

FAIR

The Federation of Afro-Asian Insurers and Reinsurers “F.A.I.R.” was established in September 1964, to promote cooperation among insurance and reinsurance companies in Africa and Asia, through the regular exchange of information, expertise and the development of business relations. It currently covers 54 Afro-Asian Markets. Being a professional business association, FAIR is dedicated to the cause of regional cooperation and the development of the Insurance Industry in Afro-Asian Countries. Ethiopian Re is a member of FAIR since 2017.

OESAI

ASSOCIATIONS OF ETHIOPIAN INSURERS

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Shareholders

Shareholders

Keep your shareholding details up to date!

Memorandum of Association

Revised Articles of Association

Shareholder’s register

Why register?

Partnerships and memberships

AIO

FAIR

OESAI

ASSOCIATIONS OF ETHIOPIAN INSURERS

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